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5 top challenges firms face to comply with the FCA’s Consumer Duty
From 31 July 2023, firms will need to ensure they comply with the FCA’s Consumer Duty. In this article, we explore the...
UK employees are each spending an average of 3.5 days per year on personal finance tasks while at work. But, as our nationally-representative survey of more than 1,300 employees reveals, the true cost of poor financial health is potentially much greater.
This report is cited in CIPD's 2023 Employee Financial Wellbeing: Practical Guide.
"We can see from the data that workers want their employer to support them with their finances. And this is crucial right now amidst the threat of a recession, high inflation and rising living costs which is going to continue for a long time."
Foreword by former CIPD president and leading organisational psychologist Professor Sir Cary Cooper of Manchester Business School.
In our survey producing almost 25,000 data points, key findings include:
Apr 14, 2023 by Galina Stavskaya-Barengo, CFA
From 31 July 2023, firms will need to ensure they comply with the FCA’s Consumer Duty. In this article, we explore the...
Apr 3, 2023 by Galina Stavskaya-Barengo, CFA
The FCA’s Consumer Duty rules come into force in July 2023. This article explains what the regulatory framework...
Mar 24, 2023 by Oliver Gudgeon
Our recent research, published in People Management, shows that more than one in three (35% of) organisations have been...
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